Weekly Report

[Market Commentary] Stocks retreated from highs after the government considers extending the lockdown in several major cities [Futures/ETFs] Futures rose and the basis narrowed before tomorrow’s expiry in light trading as foreigners fail to rollover to May contracts [Market Movers] VGC, KDH [Macro/Strategy] April Inflation [Sector Updates] Turbulent times

[Market Commentary] Stocks posted modest gains as the country waits for the official end to the nationwide lockdown tomorrow [Futures/ETFs] Futures closed higher on local short covering as the underlying VN30 cash index held the 700 level and staged a late day rally to close at the high of the day [Market Movers] FPT, TCM [Company Updates] Asian Commercial Bank (ACB); Hoa Phat Group (HPG); Refrigeration Electrical Engineering (REE)

[Market Commentary] Stocks moved higher as the government considers relaxing the nationwide lockdown in selective lower-risk areas [Futures/ETFs] Futures gain strength throughout the day as the VN30 index closes above 700 for the first time in a month [Market Movers] VIC, HVN [Company Updates] PV Technical Services (PVS); Mobile World Investment (MWG)

[Market Commentary] Stocks fell in directionless trading as two new coronavirus cases offset hopes that the nationwide lockdown was coming to an end [Futures/ETFs] April contracts closed in positive territory at the close as locals covered intraday short positions that narrowed the basis [Market Movers] VJC, PNJ [Macro/Strategy] FTSE prospects [Company Updates] FPT Group (FPT)

[Market Commentary] Stocks rose for the seventh-consecutive session as no new COVID-19 cases offset worries looming over the market of a possible extension to the nationwide lockdown. [Futures/ETFs] Futures posted modest gains as foreigners reversed early morning selling and actively covered short positions in the closing minutes when the underlying VN30 index began to tumble [Market Movers] GAS, FPT

[Market Commentary] Stocks were mixed after Vietnam announced a new COVID-19 case of unknown origin, with the VN-Index staging a comeback to end the day positive and the VN30 index closing down [Futures/ETFs] Futures closed modestly lower but at the high of the day led by a late-day rally in the cash VN30 index as foreigners returned to selling and locals unwound intra-day long positions in the auction [Market Movers] MWG, VIC

[Market Commentary] Consumer and retailing stocks rallied on the third day of no new COVID-19 cases as concerns eased over extending the nationwide lockdown to the end of April as proposed by the Ministry of Health [Futures/ETFs] Futures booked back-to-back gains on healthy trading volume as active short covering by foreigners in the morning session modestly narrowed the deep backwardation of the basis [Market Movers] PLX, ACV

[Market Commentary] Stocks jumped with the slowdown in new COVID-19 cases and moved higher in the afternoon when the government added VND5 trillion (US$2.2 billion) to its universal income plan [Futures/ETFs] Futures surged and closed at the high of the day after the strong cash market triggered short covering by foreigners, while locals actively added to long positions throughout the morning session [Market Movers] HVN, HPG [Macro/Strategy] 1Q Industrial Production

[Market Commentary] Stocks rallied on a rosy economic outlook from the Asian Development Bank led by retailers on positive 1Q preview from Mobile World Investments and oil & gas stocks on the overnight bounce in oil prices [Futures/ETFs] The late-day surge in the VN30 underlying cash index triggered unwinding at the close as locals took profit on intraday long positions and foreigners covered short positions [Market Movers] HVN, MWG

[Market Commentary] Stocks bounced back after the Government reaffirmed continuous operations for transportation, distribution and financial services, as well as essential services and exports during the nationwide lock down [Futures/ETFs] Futures held gains despite the sharp down move in US futures during Asian trading hours that led to another collapse in the basis at the open of the afternoon session [Market Movers] VCS, PTB